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IFC in the Philippines Creating Opportunity Where It’S Needed Most

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IFC in the Philippines Creating Opportunity Where It’S Needed Most EAST ASIA AND THE PACIFIC IFC in the Philippines Creating Opportunity Where It’s Needed Most IFC supports the Philippines’ sustainable development by helping attract international investors to sectors such as infrastructure and public utilities, financial institutions, and agribusinesses. We provide loans and equity investments to private sector companies, including small and medium enterprises with growth potential, and mobilize financing from other sources. We advise firms and the government on how to enhance businesses’ competitiveness. Since 1962, IFC has invested more than $3 billion in equity and loans for more than 100 private sector companies. We have expanded access to finance and infrastructure, facilitated public-private partnerships, improved the investment climate, mitigated climate change, and supported agribusinesses. IFC’s unique financing and advisory products combine global expertise with local knowledge, maximizing investment returns and social benefits. EAST ASIA AND THE PACIFIC Mitigating Climate Change • IFC helps scale up lending for projects in renewable energy, energy efficiency, and climate-change mitigation by advising and providing risk guarantees to our partner banks to support their loans. • We are supporting a 180-megawatt solar-and-biomass plant investment on the island of Negros in central Philippines. • To promote energy efficiency, IFC supported Mandaluyong City in Metro Manila in drafting a green-building ordinance that requires new buildings to adopt environmentally friendly features. Supporting Public-Private Supporting Agribusiness Expanding Financing Partnership Projects • The World Bank Group supports • IFC supports banks to • IFC helps the government and agribusiness investments in expand their lending to private investors collaborate on the Bangsamoro region in farmers and micro, small, financing and executing major southern Philippines to promote and women-led enterprises. infrastructure projects. agricultural development and • IFC is helping to attract more create jobs. • We support public-private investments for entrepreneurs partnerships by advising on • IFC is helping the Department of in Tacloban and other cities bids to build a toll expressway Agriculture to improve import- struck by Typhoon Haiyan; connecting the three terminals export procedures to reduce the we are also supporting the of the country’s principal airport costs of agricultural products and development of affordable agri- and a 12-kilometer extension of a enhance the competitiveness of insurance products that will Metro Manila train line. the agricultural sector. quickly reimburse farmers struck by typhoons and other natural disasters for their losses. Enhancing Trade and Tailored Advice – • IFC has been advising the Competitiveness Adding Value Beyond government on the establishment Financing of a credit bureau to improve • IFC advises the government on improving access to credit for small business laws and regulations to create a more • Business regulation owners and individual borrowers. business-friendly environment in the enhancements Philippines to attract more investments. • Corporate governance and • We have been supporting the Transportation risk management Financial Products and Communications Department to • Public-private partnerships • Loans streamline the registration and licensing • SME banking procedures for commercial ships to open up • Equity/Quasi-equity investments competition in the shipping sector, reduce • Sustainable energy • Investments in equity and logistics costs and ultimately reduce the advisory debt funds price of goods. • Supply chain management • Syndications • Structured finance Contact • Risk guarantees • Trade finance Yuan Xu Media Inquiries Country Manager Felix Bautista Email: [email protected] E-mail: [email protected] ifc.org/eastasia Manila facebook.com/IFCIndonesia 23rd Floor One Global Place, 5th Avenue corner 25th Street Bonifacio Global City, Taguig 1634, The Philippines twitter.com/ifc_eap Tel: +632 465-2700 Fax: +632 465-2703 @国际金融公司IFC IFC advisory services in the Philippines are delivered in partnership with: Foreign Affairs, Trade and Affaires étrangères, Commerce Development Canada et Développement Canada.
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